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IRON BEAR RESOURCES LTD — M&A Activity 2009
Sep 13, 2009
65091_rns_2009-09-13_e7f05820-9dc1-471a-8244-4cee693db35f.pdf
M&A Activity
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ASX Announcement 14 September 2009
Cape Lambert Iron Ore Limited Reaches 46.52% at Close of Off-market Takeover Bid for Corvette Resources Limited
Cape Lambert Iron Ore Limited ( Cape Lambert ) is pleased to announce that its off-market bid for all the fully paid ordinary shares in Corvette Resources Limited ( Corvette ) closed at 5.00pm (WST) on Friday, 11 September 2009.
Pursuant to ASX Listing Rule 3.3, Cape Lambert advises that at the end of the offer period, Cape Lambert and its associates have a relevant interest in 46.52% of the fully paid ordinary shares in Corvette and therefore compulsory acquisition will not proceed.
A Form 604 (notice of change in interest of substantial holder) is attached.
Yours faithfully
CAPE LAMBERT IRON ORE LIMITED
Cape Lambert is an Australian domiciled, mineral investment company. Its current investment portfolio is geographically diverse and consists of mineral assets and interests in mining and exploration companies.
The Company continues to focus on investment in early stage resource projects and companies, primarily in iron ore, copper and gold. Its “hands on” approach is geared to add value and position assets for development and/or sale.
The Board and management exhibit a strong track record of delivering shareholder value.
Australian Securities Exchange Code: CFE
Ordinary shares 523,797,213
Unlisted options (30 June 2010) 8,350,000
Unlisted options (31 Oct 2010) 28,000,000
Eloise von Puttkammer Company Secretary
Board of Directors
Tony Sage Executive Chairman Tim Turner Non-executive Director Brian Maher Non-executive Director Eloise von Puttkammer Company Secretary
Key Projects and Interests
Lady Annie Copper Project Sappes Gold Project DMC Mining Limited Corvette Resources Limited
Cape Lambert Contact Tony Sage Executive Chairman Phone: +61 (0)8 9380 9555
Australian Enquiries
Professional Public Relations David Tasker Phone: +61 8 9388 0944 Mobile: +61 433 112 936 Email: [email protected]
UK Enquiries
Conduit Public Relations Jos Simpson Phone: +44 (0)20 7429 6603 Mobile: +44 (0)7899 870 450
[email protected] www.capelam.com.au
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Cape Lambert Iron Ore Ltd ABN 71 095 047 920 PO Box 144, West Perth Western Australia 6872 Phone: +61 8 9380 9555 Facsimile: +61 8 9380 9666